Jacob Wilson
Looking for others in 20s - 30s wanting financial freedom via Real Estate
4 July 2024 | 11 replies
Before you jump 2 feet into the Real Estate Investing world, I challenge you to find a balance of continuing your drive toward real estate while improving your position at your current role.
Michael Carbonare
Here's One Way To Start Without Cash Out of Pocket
4 July 2024 | 3 replies
If the option to purchase isn’t exercised, he can sublet the deal again to another tenant/buyer, possibly with increased rent and purchase price, depending upon the local real estate market.
Collin Hays
A quick reminder about insurance for your vacation rental
3 July 2024 | 5 replies
Gross negligence refers to an act taken without exercising even the most basic amount of care owed to others, including guests and the property, itself.
Ryan Denman
How to raise money and form partnerships with non-accredited investors
3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
Dave Meyer
Door count is a terrible metric. Please stop using it.
7 July 2024 | 89 replies
With the amount of income from working, I would still be working if I went in to syndications and those door counts are meaningless.This is a healthy exercise.
Account Closed
How to do wholesaling RIGHT? In Maryland/East Coast and Nationwide.
3 July 2024 | 20 replies
By Ben LovroOct 16, 2023IntroductionThe roles everyone plays are crucial.
Tiia Hyrske
How much should my tenant make if Rent is $1,680, in the DFW area?
2 July 2024 | 10 replies
These factors also play a role in determining a tenant's eligibility.
Tyson E Keslar
Seeking advice on How to structure an RE partnership??
2 July 2024 | 8 replies
@Tyson E Keslar There are a lot of variables to consider in addition to the roles and responsibilities that you have outlined.
Austin Fowler
Help deciding whether to sell or keep. Please advise.
2 July 2024 | 9 replies
Here's why:Future Cash Flow: Once your debt is paid off in three years, you’ll have a solid cash-flowing asset that can provide ongoing income.Asset Growth: Property values, especially near a university, tend to appreciate over time.Debt Reduction: You can leverage the rental income to pay off your debt, essentially using your investment to achieve financial freedom.However, personal comfort and risk tolerance play significant roles.
Sonny Dong
Managing entrance on Duplex?
3 July 2024 | 8 replies
Because, like all other people in the world, work ethic pays an important role in quality.